LOS ANGELES, Nov. 15, 2018 /PRNewswire/ -- SRAX
(NASDAQ: SRAX) today announced, for the second year in a row, that
it has been recognized as one of the 500 fastest growing
technology, media, telecommunications, life sciences and energy
tech companies in North America by
Deloitte's Technology Fast 500™.
"Our team has experienced success thanks to hard work in driving
toward our goal of unlocking the power of data across verticals,"
said Christopher Miglino, CEO and
chairman of SRAX. "We are at an exciting point in the evolution of
the business with our verticals and BIGtoken. Our blockchain-based
consumer data management platform BIGtoken, is revolutionizing the
market by putting data back into the hands of consumers."
Overall, 2018 Technology Fast 500™ companies achieved revenue
growth ranging from 143 percent to 77,260 percent, with median
growth of 412 percent.
"Congratulations to the Deloitte 2018 Technology Fast 500
winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and
U.S. technology, media and telecommunications leader. "These
companies are innovators who have converted their disruptive ideas
into products, services and experiences that can captivate new
customers and drive remarkable growth."
About Deloitte's 2018 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest
growing technology, media, telecommunications, life sciences and
energy tech companies—both public and private—in North America. Technology Fast 500 award
winners are selected based on percentage fiscal year revenue growth
from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company's operating revenues. Companies must have base-year
operating revenues of at least $50,000
USD, and current-year operating revenues of at least
$5 million USD. Additionally,
companies must be in business for a minimum of four years and be
headquartered within North
America.
About Social Reality
Social Reality, Inc. (NASDAQ: SRAX) is a digital marketing and
consumer data management and distribution technology platform
company. SRAX's technology delivers the tools to unlock data to
reveal brands and content owners' core consumers and their
characteristics across marketing channels. Through its blockchain
identification graph technology platform, BIG (www.bigtoken.com),
SRAX has developed a consumer-powered data marketplace where people
can own and sell access to their data thereby providing everyone in
the Internet ecosystem choice, transparency, and compensation.
SRAX's technology and tools deliver a digital competitive advantage
for brands in the CPG, automotive, sports and lifestyle verticals
by integrating all aspects of the advertising experience, including
verified consumer participation, into one platform. For more
information on SRAX, visit www.srax.com.
Safe Harbor Statement
This press release contains certain forward-looking statements
that are based upon current expectations and involve certain risks
and uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Words or expressions such as
"anticipate," "plan," "will," "intend," "believe" or "expect'" or
variations of such words and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject
to risks, uncertainties, and other factors, some of which are
beyond our control and difficult to predict and could cause actual
results to differ materially from those expressed or forecasted in
the forward-looking statements, including, without limitation,
statements made with respect to expectations of our ability to
increase our revenues, satisfy our obligations as they become due,
report profitable operations and other risks and uncertainties, as
set forth in our Annual Report on Form 10-K and Quarterly Reports
on Form 10-Q, as filed with the Securities and Exchange Commission.
All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements, many of which are
generally outside the control of Social Reality and are difficult
to predict. Social Reality undertakes no obligation to publicly
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACTS:
Kirsten
Chapman
LHA Investor Relations
415.433.3777
srax@lhai.com
Steve Stratz
Relevanz Public Relations for SRAX
206.300.9134
steve@relevanzpr.com
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